Rovio Entertainment Oyj: presents a new studio in Montreal

Rovio introduces a new studio in Montreal

Formed by six game industry veterans, “Studio 6” will focus on creating new midcore games at Rovio’s Montreal headquarters.

ItemCompany announcementdefault17.11.2022

Rovio’s Montreal office was founded in May 2020 to explore the future of gaming from the perspective of PC and consoles. Rovio Montreal was later joined by Rovio’s second gaming operation in Canada with the founding of Rovio Toronto in September 2021. Now, Rovio introduces its third gaming team in Canada with the addition of Studio 6, a team of veteran of the industry with the goal of making great midcore games.

The Studio 6 team has already worked together for several years, gaining experience before the formation of the new studio at game developers such as Gameloft, Ubisoft, Ludia and Voodoo, among others. Working fast and lean, the team has released several games together over the past three years working in the hybrid-casual genre. However, the team will now have the opportunity to take their rapid prototyping and early market testing approach and apply it to midcore games.

Speaking on the decision to join Rovio, Studio 6 head Mehdi El Moussali says: “We were looking for a house in which there was a good cultural and product fit. We were happy to find that Rovio is keen on supporting strong, self-contained teams and has an ambitious long-term vision. It also doesn’t hurt that there are a lot of smart and nice people in Rovio that we can learn from. We are thrilled to have the opportunity to work on games that have a strong impact on the market and we are confident that Rovio can help us do that.

Studio 6 expects to grow in the future, but will remain a small, lean team. Keep an eye on Rovio’s careers page for new open studio positions available.

News bulletin

Sign up here for all the news ready to fly, delivered straight to your inbox! You can unsubscribe at any time.

By signing up, you agree to receive emails from us. Please see our privacy policy for more information. You can cancel at any time.


By signing up, you agree to receive emails from us. Please see our privacy policy for more information. You can cancel at any time.

EnterAn error has occurred.Thank you for signing up! We will keep in touch.

Powered teams, fueled games, fueled fans. Powered teams, fueled games, fueled fans.

© 2009 – 2022 Rovio Entertainment Corporation. All rights reserved.


Rovio Entertainment Oyj posted this content on November 17, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, su November 17, 2022 09:28:04 UTC.

Posting now 2022


Sales 2022 320 m
333 m
333 m
Net profit 2022 27.7m
28.8 meters
28.8 meters
Net liquidity 2022 144 m
150 m
150 m
P/E 2022 report 15.7x
Yield 2022 2.05%
Capitalization 469 m
488 m
488 m
EV / Sales 2022 1.01x
EV / Sales 2023 0.92x
Number of employees 533
Floating 49.8%


Duration :

Period :

Rovio Entertainment Oyj Technical Analysis Chart |  Market Screener

ROVIO ENTERTAINMENT OYJ technical analysis trends

Short term Middle term Long term
Trends Bullish Bearish Bearish

Evolution of the Income Statement



Average consensus EXCEED BY FAR
Number of analysts 6
Last closing price €6.10
Average target price €7.40
Diffusion/Average target 21.3%

Leave a Reply

Your email address will not be published. Required fields are marked *